March 14 (Reuters) - French telecoms group Iliad on Thursday said it is targeting 10 billion euros in revenue for 2024, after posting a 4.2% rise in 2023 annual core profit, bolstered by its French and Italian markets.
The group said in a press release it is aiming to become the fifth-largest mobile operator in Europe.
The unlisted company, which operates in France, Italy and Poland, reported 3.44 billion euros ($3.76 billion) in earnings before interest, taxes, depreciation and amortisation after leases (EBITDAal).
Free, Iliad's brand in France, racked up a total of 787,000 net new mobile subscribers in 2023, while in Italy, the group gained 1.16 million net new subscribers via its Iliad Italia brand.
($1 = 0.9144 euros) (Reporting by Stéphanie Hamel; Editing by Jason Neely and Christopher Cushing)
